Should You Buy Tesla Stock After UBS Upgrade?
Assuming the Twitter situation has stabilized for the moment, the biggest potential downside to TSLA stock is the ripple effects of the company’s Shanghai plant shutdown. With a 22-day closure in April followed by reduced production and the Covid-19 lockdown’s impact on EV sales in China, the news on that front is not going to be good.However, it’s important to recognize that this was a limited time event. Production is ramping back up.Chinese EV demand is ramping back up. Any hit to TSLA stock